Certificates can absolve parties of liability for contracts that can’t be fulfilled due to circumstances beyond their control
A child wearing a protective face mask looks on from the departure terminal of Tokyo's Haneda airport on January 31, 2020.A Chinese international trade promotion agency said it would offer force majeure certificates to companies struggling to cope with the impact of the new coronavirus epidemic on their business with overseas partners.
“Some Chinese companies have suffered severe impacts on goods and logistics and may not be able to fulfil their contracts amid the coronavirus,” the CCPIT said in a statement.It didn’t identify any companies affected, and didn’t disclose whether it had received any requests for force majeure certificates, which can absolve parties of liability for contracts that can’t be fulfilled due to extraordinary circumstances beyond their control.
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